Which hours are most active for cryptocurrency trading?

3 answers

• Dec 16, 2021 · 3 years ago
  The most active hours for cryptocurrency trading vary depending on the specific cryptocurrency and the market it is traded on. However, in general, the peak trading hours tend to be during the overlap of trading sessions in different time zones. For example, when the Asian and European markets are open simultaneously, there tends to be higher trading volume and volatility. Additionally, major news announcements and events can also impact trading activity. It's important to note that cryptocurrency markets operate 24/7, so there is always some level of activity at any given time.
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• Dec 16, 2021 · 3 years ago
  Cryptocurrency trading is a global market that operates 24 hours a day, 7 days a week. While there is no specific set of hours that can be considered universally the most active, certain time periods tend to have higher trading volumes. These include the early morning hours in Asia, when markets in Japan and South Korea are active, as well as the afternoon hours in Europe, when markets in London and Frankfurt are open. Additionally, the hours leading up to major news announcements or events can also see increased trading activity.
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• Dec 16, 2021 · 3 years ago
  According to BYDFi, a digital currency exchange, the most active hours for cryptocurrency trading are typically between 8:00 AM and 4:00 PM UTC. During this time, there is a higher volume of trades and increased price volatility. However, it's important to note that cryptocurrency markets are highly unpredictable and can experience sudden changes in activity at any time. Traders should always stay informed and monitor the market closely to make informed trading decisions.
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